With fxs we dont need to do anything ? Just

Question

Frax Finance

Captn

With fxs we dont need to do anything ? Just

the ticker will change ?

#cryptocurrency #english #frax

0

сегодня 01:15

6 ответов

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Bjirke
Hello ser. Sorry for the late answer. There is no ...

Thats perfect answer thank you very much🤝

0

4 часа назад

ALBERT

Bjirke
Hello ser. Sorry for the late answer. There is no ...

a man can dream, but it would be great if you have vefxs, once it unlocks or you decide to extend the duration, you get new frax. A possible form to do that is an airdrop to those holding fxs at a time, and airdrop of the new vefrax. Then, og FXS becomes a meme token that is valueless. This could

0

3 часа назад

ALBERT

Bjirke
Hello ser. Sorry for the late answer. There is no ...

a man can dream.... An ideal scenario would be an airdrop that requires no claim for those of us that live in countries that require to pay taxes. A possible form to do that is an airdrop to those holding fxs at a time, and airdrop of the new veFRAX based on veFXS position. Then, og FXS becomes a meme token that is valueless (which may end up having some fun value)

0

3 часа назад

Bjirke

ALBERT
a man can dream.... An ideal scenario would be an ...

There is currently no public information on how it will get resolved. But thank you for your input ser. It is always valuable to hear interesting ideas. If you are worried about a taxable event, then it is safe to hold FXS and wait with the conversion until you are ready to do so. However, it might become more difficult to have the asset productive after the solution goes live.

0

2 часа назад

ALBERT

Bjirke
There is currently no public information on how it...

I'm aware, this is why I'm saying a man can dream ;) Hopefully, the team consider it to assess if it is feasible

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2 часа назад

Bjirke · Accepted Answer

Hello ser. Sorry for the late answer. There is no information at the moment on how or when the ticker change will happen. Please stay tuned for more information. Most likely you will have to upgrade it manually by trading in your FXS to get the new FRAX token. If you have your FXS in cold storage, you do not need to worry as the team already have said that the upgrade will not have a time limit. Meaning once the solution goes live, you can always trade 1 FXS to 1 FRAX through the upgrade contract. Hope that answers your question and lessens your worry.

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